In 2023, Italy led European countries in electronic and optical equipment repair hours worked, with 13.799 million hours, followed by the UK and Poland. Notably, Romania and Belgium experienced significant growth of over 12%, while Germany and Norway saw declines in hours worked by 8.65% and 31.8%, respectively. Bosnia and Herzegovina's increase of 27.13% is particularly striking in the context of overall downward trends in many other countries. Lithuania, Slovakia, and Estonia faced substantial decreases, reflecting a potential shift in industry dynamics.
Future trends to watch include technology advancements potentially reducing repair hours needed, regulatory changes impacting the industry, and economic factors influencing labor supply and demand. Monitoring the performance of emerging markets such as Romania and Bosnia and Herzegovina can offer insights into shifts in European repair services.
Top countries in Electronic and Optical Equipment Repair Hours Worked by Country
| # | 10 Countries | Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 13,799,000 | 2023 | +6.12% | +0.67% | View data |
| 2 | 2 United Kingdom | 13,181,000 | 2023 | +2.44% | +1.8% | View data |
| 3 | 3 Poland | 8,269,100 | 2023 | -0.79% | +1.53% | View data |
| 4 | 4 Germany | 7,255,400 | 2023 | -3.7% | -8.65% | View data |
| 5 | 5 Spain | 4,246,900 | 2023 | +3.28% | +3.06% | View data |
| 6 | 6 Austria | 4,123,000 | 2023 | +1.58% | +3.39% | View data |
| 7 | 7 Czech Republic | 2,493,100 | 2023 | -2.92% | -2.5% | View data |
| 8 | 8 Romania | 1,574,900 | 2023 | +7.22% | +12.74% | View data |
| 9 | 9 Hungary | 1,574,400 | 2023 | +4.73% | +3.52% | View data |
| 10 | 10 Croatia | 1,111,800 | 2023 | +4.75% | +6.79% | View data |
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